Arts, Culture & Humanities
(A650)
IRS Verified
DX Registered
990 on File
PALOS VERDES PERFORMING ARTS
Financial strength (30%)
80/100
Reliability (20%)
55/100
Effectiveness (25%)
94/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
To provide a performing arts center which enriches the South Bay community by fostering the performing arts through professional performances, community use for cultural activities and the provision of educational and outreach programs.
Financial Overview — FY 2023
$2.8M
Total Revenue
$3.0M
Total Expenses
$4.3M
Net Assets
35
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
76.7%
Fundraising Efficiency
N/A
Operating Reserve
17.06x
Liability-to-Asset
22.8%
Revenue Diversification
64.6%
Executive Compensation
$211K
Compared with Peers
FY 2023
Compared with 4,647 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
76.7% | 77.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
21.5% | 14.6% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.7% | 5.5% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
17.1 mo | 16.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
22.8% | 10.7% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
64.6% | 74.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-37.8% | 3.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-3.8% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-7.6% | -0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $2.8M | $3.0M | $4.3M | 76.7% | 35 |
| 2022 | $4.6M | $3.2M | $4.5M | 66.9% | 22 |
| 2021 | $2.2M | $1.5M | N/A | — | 28 |
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